factor

(redirected from IFP)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

Factor

A financial institution that buys a firm's accounts receivable and collects the accounts.

Factor

A third party that buys a firm's accounts receivable. If a firm is not confident in its ability to collect on its credit sales, it may sell the right to receive payment to the factor at a discount. The factor then assumes the credit risk associated with the accounts receivable. This provides the firm immediate access to working capital, which is important, especially if the firm has a cash flow problem. The price of factoring is determined by the creditworthiness of the firm's customer, not of the firm itself. It is also known as accounts receivable financing.

factor

A firm that purchases accounts receivable from another firm at a discount. The purchasing firm then attempts to collect the receivables.

factor

To sell accounts receivable to another party at a discount from face value. Thus, a firm in need of cash to pay down short-term debt may decide to factor its accounts receivable to another firm.

factor

  1. a firm that purchases TRADE DEBTS from client firms. See FACTORING.
  2. a firm that buys in bulk and performs a WHOLESALING function.
  3. an input (for example raw material, labour, capital) which is used to produce a good or provide a service.

factor

  1. 1a FACTOR INPUT that is used in production (see NATURAL RESOURCES, LABOUR, CAPITAL).
  2. a business that buys in bulk and performs a WHOLESALING function.
  3. a business that buys trade debts from client firms (at some agreed price below the nominal value of the debts) and then arranges to recover them for itself. See FACTOR MARKET, FACTORING.
References in periodicals archive ?
described a population of fibroblasts that are a "kind-of a stem cell" in the synovial tissue near the IFP. The cells described reside in a perivascular niche, expressing fibronectin and laminin, and are associated with small vessels.
In addition, IFP Qatar organised two annual concurrent events: "Heavy Max 2016," the 13th International Exhibition for Heavy Machinery, and "Qatar Stone Tech 2016," the fifth International Stone and Stone Technology Show.
During this phase, Hoffa's disease causes transformation of fibrocartilaginous tissue and ossification of degenerative IFP tissue (imitating soft tissue chondroma).
The proximate composition analysis of IFP batters including moisture, crude protein, crude fat, and crude ash, was performed according to AOAC methods 950.46, 992.15, 985.15, and 920.153 for sausage batter (AOAC, 2000).
The gallbladder lesion we report revealed the presence of a deletion of 3 nucleotides (GAC) at codon 842 in exon 18 (del D842) of PDGFRA, an activating mutation previously described in IFP. (12) The low rate of mutated versus wild-type DNA likely depends on the large normal cell component present in IFP, (1) which "dilutes" the genotypically altered fibroblast-like cells.
The IFP is taking poker in a new and interesting direction and we are excited to be part of it."
IFP uses $35 billion it has under "advisement" at LPL, which includes the retirement and estate planning portfolios that aren't included in its actual client AUM, to negotiate much higher payouts than most of its advisors would get on their own.
The IFP and Cope subsequently filed an application in the High Court for an order declaring Home Affairs Minister Nkosazana Dlamini-Zuma's handling of the matter unlawful and forcing her to treat future applications by the Dalai Lama fairly.
Andy Mitchell, Technical Director at Produce World, said: "I'm thrilled that this is the second of the sites I oversee to gain the top marks, first Produce World RBO and more recently Produce World IFP. It demonstrates just how robust the systems and procedures are at Produce World to gain the A (*) mark.
The European Commission concluded, on 29 June, that the unlimited state guarantee granted to the lnstitut Francais du Petrole Energies Nouvelles (IFP) because of its status as a public body constitutes state aid compatible with the internal market as long as the IFP's economic activities are conducted solely on an ancillary basis and are connected with its main activity, which is public research.
Companies in the Middle East region's construction segment are looking towards playing a major role in Qatar's current construction boom, according to the IFP Group, organisers of Project Qatar, the leading construction show for Qatar and the GCC.
'The course was well organized and the experience of IFP was well presented in the course material.